Energy supplier nets a profit
Utility supplier Scottish & Southern Energy (SSE) has indicated that it is expecting to record a significantly higher first-half adjusted pretax profit, in comparison to last year when the company posted low results, reports power-technology.com.
The company which is the second largest electricity generator across the UK and Ireland owning 10,700MW of electricity generation capacity, has said that their fiscal-year adjusted profit is expected to increase moderately compared to last year, and that the business is also expecting to increase its dividend per share payout by at least 4% more than inflation.
However, in a statement issued by the utility company, ensuring that the combined cycle gas turbine (CCGT) Marchwood plant in Southampton, becomes fully operational over the next few weeks is their:
“most immediate priority in our programme of projects and investments”
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http://www.power-technology.com/news/news65530.html?WT.mc_id=DN_News&mxmroi=14002247/2151377/false